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Gold futures finish higher after sluggish US job data

03 Feb 2022 Evaluate
Gold futures finished higher on Wednesday, as dollar and bonds extended its losing streak followed by sluggish US jobs data boosting investment appeal of the bullion. Private payrolls dropped by 301,000 jobs in January. The yellow metal for most active contract settled higher for third straight session.

Gold futures for April climbed by 0.5% to settle at $1,810.30 ounce on the Comex division of the New York Mercantile. Spot gold rose by 0.4% to $1,808.48 per ounce.